Construction Single-Family Construction Drops Dramatically in April Amid intense homebuyer demand and a strong interest in newly constructed homes, single-family builders have slowed production by 13% in...
Building Materials Building Material Costs Are Top Concern Despite Builder Confidence While low existing home inventory, mortgage rates, and a growing number of prospective buyers keep builder confidence up, building material...
Construction Builder Confidence Remained Steadily Positive in April Single-family builder confidence remained unchanged this month from last, resting at a high 83 amid a hot housing market and rising building...
Sales + Marketing Escalation Clauses in Your Contracts: Yay or Nay? Escalation clauses may sound like a good idea to counter rising construction costs, but there's a better solution
Building Materials Steel Mill Building Product Prices Jump 18.4% in April Building materials prices have been on an upward trajectory since December 2019 and are now 12.4% higher compared to one year ago. Costs for...
NAHB What the Latest Economics Research Means for the Industry On an aggregate basis, residential construction costs are up nearly 10%, says Robert Dietz, chief economist for the National Association of...
Construction Construction Sector Hiring Slows as Builders Face Material Shortages The construction sector gained more new workers than other industries, yet material shortages are causing bottlenecks for builders, limiting...
Plumbing Fixtures + Fittings Handling the Pressure: The Effect of Plumbing Material Selection on Homeowner Satisfaction Plumbing systems can affect a home’s water quality in a variety of ways, including permeation, leaching and biofilm formation.
Construction Issues With Accurate Appraisals? Create an Appraisal Binder The increased cost of lumber, appliances, and other components of a home impacted by the disrupted supply chain can be difficult for...
Building Materials Home Builder and Lumber Producer Associations Face Opposing Perspectives The U.S. Lumber Coalition, an alliance of softwood lumber producers, called out the National Association of Home Builders (NAHB) last week...